HomeMy WebLinkAbout20150207 Ver 1_Mitchell Mill Road Stream Mit Credit_20150812
EBX Stream and Wetland Banks
Statement of Availability August 12, 2015
NC Division of Water ResourcesU.S. Army Corps of Engineers
Ms. Katie Merritt Mr. David Shaeffer
512 N. Salisbury St. Raleigh Regulatory Field Office
9th floor 3331 Heritage Trade Center, Suite 105
Raleigh, NC 27604, Archdale Building Wake Forest, NC 27587
Re Project:Mitchell Mill Road Project
City of RaleighMitchell Mill Road
This document confirms that (Applicant) for the (Project) has
626 Stream Mitigation Credits
expressed an interest to utilize from the EBX-Neuse sponsored Bank:
Neu-Con Wetland & Stream Umbrella Mitigation Bank, specifically the Cedar Grove Site in the Neuse
HUC 03020201. As the official Bank Sponsor, EBX, attests to the fact that mitigation is available for
reservation at this time.
These mitigation credits are not considered secured, and consequently are eligible to be used for alternate
purposes by the Bank Sponsor, until payment in full is received from the Applicant resulting in the
issuance of a Mitigation Credit Transfer Certificate by the bank acknowledging that the Applicant has
fully secured credits from the bank and the Banker has accepted full responsibility for the mitigation
obligation requiring the credits/units.
The Banker will issue the Mitigation Credit Transfer Certificate within three (3) days of receipt of the
purchase price. Banker shall provide to Applicant a copy of the Mitigation Credit Transfer Certificate and
a documented copy of the debit of credits from the Bank Official Credit Ledger(s), indicating the permit
number and the resource type secured by the applicant. A copy of the Mitigation Credit Transfer
Certificate, with an updated Official Credit Ledger will also be sent to regulatory agencies showing the
proper documentation.
If any questions need to be answered, please contact me at 919-209-1052.
Best Regards,
Cara S. Conder
Resource Environmental Solutions, LLC
302 Jefferson Street, Suite 110
Raleigh, NC 27605